Robinhood launches crypto trading app in Europe
Quick Take The launch in Europe comes after previous attempts to roll out its services in the UK went awry.
Robinhood, the investment app, today announced the launch of its crypto trading app in the European Union.
The app will go live in Europe on Thursday, with more than 25 tokens available to investors including BTC, ETH and SOL.
The company launched its brokerage services in the UK just a week ago, after two failed attempts. One of those involved the purchase of UK crypto startup Ziglu, but that deal ultimately fell through .
In its announcement today, Robinhood said its platform is the only one on the market that offers to repay a percentage of customers’ trading volume each month in BTC. Users can also earn referral bonuses in BTC.
“The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans,” said Johann Kerbrat, GM of Robinhood Crypto, in a statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple announces tokenized money market fund launching on XRP Ledger
Ripple said a tokenized money market fund has launched on the XRP Ledger.The launch was made possible through a partnership with Archax, an FCA-regulated digital asset exchange.
The Daily: MicroStrategy buys record $5.4 billion in bitcoin, Sky Mavis cuts 21% of its workforce and more
Business intelligence firm and corporate bitcoin holder MicroStrategy purchased another 55,500 BTC for $5.4 billion between Nov. 18 and Nov. 24, according to an 8-K filing with the SEC on Monday.Axie Infinity crypto game developer Sky Mavis is laying off 21% of its workforce, affecting about 50 of its 250 global team, amid a “shift in priorities,” according to CEO and co-founder Trung Nguyen.Solana’s decentralized exchanges surpassed $100 billion in monthly trading volume for the first time, generating a r
Justin Sun's Tron buys $30 million of Trump-backed World Liberty Financial tokens
Tron founder Justin Sun said his firm has bought $30 million worth of World Liberty Financial tokens, the crypto project supported by newly-elected U.S. President Donald Trump.Sun said the purchase made Tron the largest investor in World Liberty Financial.
Elon Musk, the world’s richest man, hits record $348B net worth
Trending news
MoreCrypto prices
More
